Company Overview

Wiz is a cloud security company co-founded in 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. The four co-founders previously led Microsoft's Azure security team together and previously founded Adallom (acquired by Microsoft). The company is dual-headquartered in Tel Aviv, Israel, and New York City.

Wiz is renowned for its agentless cloud security scanning technology, leveraging a graph-based analysis engine to build a complete resource relationship map of cloud environments, providing comprehensive visibility into cloud assets, configurations, network paths, and risk exposure. The company set the fastest growth record in cybersecurity history — reaching over $100 million in Annual Recurring Revenue (ARR) in less than 18 months. After completing Series E funding in 2024, Wiz's valuation exceeded $10 billion, making it one of the highest-valued cloud security companies globally.

Related providers: Cloud Security Services

Core Products

  • Wiz Cloud Security：Wiz's core CNAPP product that quickly discovers vulnerabilities, misconfigurations, excessive permissions, and network exposure risks in cloud environments through agentless scanning. Supports AWS, Azure, GCP, and OCI multi-cloud environments.
  • Agentless Scanning：Wiz's differentiated core technology — requiring no agent installation on workloads — achieves comprehensive security visibility through cloud API-side scanning and analysis of cloud disk snapshots, with minute-level deployment.
  • AI-SPM (AI Security Posture Management)：Security management designed specifically for AI/ML workloads and AI applications, covering security risks across AI models, data pipelines, and training infrastructure.
  • Code Security：Security scanning integrated into CI/CD pipelines, providing end-to-end security detection from code commit to deployment, including IaC scanning, SAST, and software supply chain security.
  • CSPM (Cloud Security Posture Management)：Continuous monitoring of cloud environment configurations to detect misconfigurations, compliance drift, and infrastructure risks.
  • CIEM (Cloud Infrastructure Entitlement Management)：Analyzes and visualizes cloud identities and permissions, identifying excessive privileges and potential lateral movement paths.
  • Container & Kubernetes Security：Agentless container image scanning and Kubernetes security assessment covering EKS, AKS, and GKE.
  • Wiz Threat Center：Unified security alert and incident management console aggregating threat information from all security products.

Core Strengths

  • Agentless Architecture：Comprehensive cloud security scanning in minutes without installing agents — fast deployment, low operational cost, no impact on workload performance.
  • Graph-Based Cloud Analysis Engine：Wiz builds a complete Cloud Graph of cloud environments, revealing connections and dependencies between resources to help analysts discover complex attack paths.
  • Fastest Growth Record：Reached $100M ARR within 18 months of founding — the fastest growth record in cybersecurity SaaS, validating strong product-market fit.
  • Multi-Cloud Depth：Deep support for AWS, Azure, GCP, and OCI with unified multi-cloud security visibility and management.
  • Developer-Friendly：Seamless integration into DevOps workflows and CI/CD pipelines, enabling collaboration between security and development teams on a unified platform.

Key Milestones

  • 2020：Co-founded by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak in Tel Aviv, Israel.
  • 2021：Completed Series A and Series B funding rounds; product officially launched with rapid enterprise customer acquisition.
  • 2022：Completed Series C and Series D funding rounds; valuation exceeded $6B. Reached $100M ARR in 18 months, setting a record.
  • 2023：Launched AI-SPM and Code Security products, expanding CNAPP capabilities.
  • 2024：Completed Series E funding with $10B+ valuation, becoming one of the highest-valued cloud security companies globally. Microsoft reportedly made a $23B acquisition offer that was not finalized.
  • 2026：Continuing to expand the CNAPP platform, deepening AI security and cloud code security capabilities.

Market Position

Wiz competes with the following providers in the Cloud-Native Application Protection Platform (CNAPP) market:

  • Orca Security：Orca Security is Wiz's most direct competitor, also employing agentless side-scanning technology, competing head-on in cloud security posture management and CNAPP.
  • Palo Alto Networks (Prisma Cloud)：Prisma Cloud is one of the most comprehensive CNAPP platforms with broad coverage, Wiz's main competitor in the enterprise market.
  • CrowdStrike (Falcon Cloud Security)：CrowdStrike enters the cloud security market leveraging its endpoint security ecosystem.
  • Lacework：Lacework's Polygraph platform uses behavioral analysis and agent architecture, differentiating from Wiz in the CNAPP space.
  • Sysdig：Sysdig competes with Wiz in container security and runtime threat detection, especially in Kubernetes security scenarios.